by Bloomberg.com | Jun 28, 2024 | alerts, Markets/Economy
Shares of sneaker maker suffered record one-day drop on Friday Household spending is starting to show signs of a slowdown A dismal week for consumer stocks is raising concern about the financial health of US households just before the second-quarter earnings season...
by Bloomberg.com | Jun 28, 2024 | alerts, Markets/Economy
Bank’s trading desk sees a ‘pre-election correction’ Favors S&P 500 lookback put options as an election play The US presidential election and its aftermath promises investors big market swings in the second half of the year, says Goldman Sachs Group Inc.’s Scott...
by Bloomberg.com | Jun 28, 2024 | alerts, Markets/Economy
Strategist and team reiterate 4,200 target in mid-year outlook They cite ‘disconnect’ between valuations and business cycle The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will...
by Bloomberg.com | Jun 27, 2024 | alerts, Markets/Economy
Traders take money off the table ahead of July meeting Hong Kong equity benchmark also close to entering correction MSCI Inc.’s key gauge for Chinese stocks has entered into a technical correction as policy measures fail to arrest a slide in earnings, increasing...
by Bloomberg.com | Jun 27, 2024 | alerts, Markets/Economy
US office vacancy rate is forecast to hit a peak of 24% by 2026. Nearly one-quarter of all US office space will be vacant by 2026 as working from home persists, slicing commercial-property values by as much as $250 billion, according to a report from Moody’s....
